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Dec 31, 2023
Lionsgate Q3 2024 Earnings Report
Reported revenue of $975.1 million and an operating loss of $43.5 million.
Key Takeaways
Lionsgate reported a strong financial quarter with revenue of $975.1 million and an operating loss of $43.5 million. Adjusted net income was $65.0 million, or $0.27 per share, and adjusted OIBDA was $150.9 million. STARZ gained 700K North American OTT subscribers and added 340K net overall North American subscribers.
Third quarter revenue reached $975.1 million.
Operating loss was $43.5 million.
Net loss attributable to Lionsgate shareholders was $106.6 million, or $0.45 diluted net loss per share.
Adjusted net income attributable to Lionsgate shareholders was $65.0 million, or $0.27 adjusted diluted earnings per share.
Lionsgate
Lionsgate
Lionsgate Revenue by Segment
Revenue by Segment
Motion Picture Revenue
CapyFin.comTelevision Production Revenue
CapyFin.comMedia Networks Revenue
CapyFin.com Forward Guidance
Lionsgate is focused on delivering growth and enhancing the strength of its businesses through strategic investments and the launch of Lionsgate Studios as an independent, publicly-traded pure play content company.
Positive Outlook
- Continued growth expected from diversified businesses.
- Strategic investments in eOne and 3 Arts.
- Planned launch of Lionsgate Studios as a pure play content company.
- Strong worldwide box office performance of 'The Hunger Games: The Ballad of Songbirds & Snakes' and 'Saw X'.
- Growth in domestic streaming revenue and LIONSGATE+ revenue.
Challenges Ahead
- Potential delays in closing the Business Combination Agreement.
- Unpredictability of the commercial success of motion pictures and television programming.
- Risks related to the acquisition and integration of acquired businesses.
- Impact of global pandemics on business.
- Labor disruptions and strikes.
Revenue & Expenses
Visualization of income flow from segment revenue to net income